Plus, what could be next out of the central banks and Congress and how it could affect Treasuries.
It's being played out in every single amazing little town in America: wealthy people descending on a bountiful area that simply can't handle it and very strange things happen.
It makes sense as all restrictions come off the economy that the small-cap sector should benefit the most.
Here's what the numbers mean and how the market will likely evolve from here.
Plus, the latest monthly ISM Manufacturing survey sends a disturbing signal about prices and a quick option play thought about Veeva Systems.
Issues of concern include a high level of IPOs sopping up liquidity and persistent labor and supply shortages impacting business.
However you slice it, total labor supply doesn't seem to be in recovery mode.
We must find out because no one seems to know. Here are several theories.
What's the setup for the second half of 2021? Well, first one has to analyze the first half.
Something tells me that in the coming months the Fed's commentary is going to lose some sway.